192,313 Shares in Ferrovial SE $FER Bought by 71 West Capital Partners

71 West Capital Partners bought a new position in shares of Ferrovial SE (NASDAQ:FER) in the 4th quarter, Holdings Channel.com reports. The fund bought 192,313 shares of the company’s stock, valued at approximately $12,498,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GF Fund Management CO. LTD. acquired a new position in Ferrovial during the 4th quarter worth $10,000,000. Fisher Asset Management LLC grew its stake in Ferrovial by 8.4% during the 3rd quarter. Fisher Asset Management LLC now owns 538,220 shares of the company’s stock worth $31,540,000 after purchasing an additional 41,783 shares in the last quarter. Korea Investment CORP grew its stake in Ferrovial by 34.3% during the 3rd quarter. Korea Investment CORP now owns 317,488 shares of the company’s stock worth $18,197,000 after purchasing an additional 81,016 shares in the last quarter. Hudson Bay Capital Management LP acquired a new position in Ferrovial during the 3rd quarter worth $1,895,000. Finally, Barclays PLC grew its stake in Ferrovial by 7.9% during the 3rd quarter. Barclays PLC now owns 4,463,767 shares of the company’s stock worth $261,577,000 after purchasing an additional 325,912 shares in the last quarter. 22.28% of the stock is owned by institutional investors and hedge funds.

Ferrovial Price Performance

Ferrovial stock opened at $68.51 on Tuesday. Ferrovial SE has a fifty-two week low of $50.10 and a fifty-two week high of $74.79. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.13 and a quick ratio of 1.05. The stock has a 50-day simple moving average of $68.53 and a 200-day simple moving average of $67.79.

Ferrovial (NASDAQ:FER) last posted its earnings results on Saturday, February 14th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $3.19 billion during the quarter. As a group, research analysts forecast that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th were issued a $0.5578 dividend. The ex-dividend date of this dividend was Tuesday, May 19th.

Analyst Upgrades and Downgrades

Several research analysts recently commented on FER shares. Zacks Research raised Ferrovial to a “hold” rating in a research note on Tuesday, May 19th. Citigroup downgraded Ferrovial from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $75.30 to $70.00 in a report on Wednesday, May 27th. Jefferies Financial Group downgraded Ferrovial from a “buy” rating to a “hold” rating and lifted their price target for the stock from $70.42 to $70.93 in a report on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrovial in a report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Ferrovial currently has an average rating of “Hold” and a consensus target price of $70.47.

Ferrovial Company Profile

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.